Los Angeles daily herald., 1887-12-23
CHEAP PROPERTY.
The Late-t Ripple in the
Boom.
ANAHEIM ACCUSING.
The "Mo'her Colony" Falls Into
the Line OF Great Improve
ments ut Last.
ANAHEIM AFRO USING.

mentS vt Last.
A HERALD reporter met All Ana
helm real estate agent in the streets
yesterday and asked how things are
| moving down at the Mother Colony"
His views are so fattering to his town
that they Gem worthy of more than
p ,esins notice. It seems that the
place is astir at eyery.point, and that
scat things are to be done there and are
being done. I he Del compo Hotel is
being rushed up with all possible dis
patch the Albrecht Brothers who have
the contract pushing things in ev'ry
way. 1t j. to be finished by the fret I
February and open for guests. The
tr act in which it stands is all beiI G
laid " it'll cement sidewalks, and Il e
e ounds are to be handsomely i'm
proved Then the old pioneer, Tn. o.
lore Reiser. has he plans all out f. r
lis big brick block, in which the NJ W
opera house is to be. This will 0
upstairs VIII lie below is to be a-fow Of
torres.
The graders who were working IN
the new railroad to Los Angeles when
the roadbep was completed to Buzz a
Park were withdra wn and put on at
the Los Angeles end of the road. A
large force is now working on Il g
L4guna ranch, inst southeast of II is
'.ity. The work is very easy and RAJ i'd
progress is being made. BY Saturday
night the grade will be finished to The
.rossing OF the San G abriel river, and
it is hoped that the line will be oper-
ating by the end OF January all the
nay to San Diego.
The rush of tourists has found its
way to Anaheim in great force. The
town is full of them. Houses are SO
scarce, and there is such big demand
i,r them that Messrs. Littlefeld and
Goldthwaite are busy trying to get a
lot of handsome cottages finished to
,pply the urgent demand. The town
no,els are iull all the time. The
reason why 20 many new
corners are focking in to the
old colony, is because thy
have found out that Anaheim pos
resses as fine climate as any OIL er
spot in Southern California. During
the unusually cold spell which has
prevailed here, Anaheim has not felt
"a chill. Even the nights down there
are pleasant AMI warm The days
are simply delightful beyond descrip-
ton.
Then there ia another very substan-
tial attraction which il draw ing hun
dreds ii spectators and investors to
Anaheim to look at property. That is
the price at which property is still
being offered. With the best soil in
tie country, with bsolutely the
finest water supply in Los Angeles
county, and with such a perfect eli
mate, it might be supposed that
lands would be held there ct
fancy prices. But the fact j.
property has not changed hands there
"a any great extent. In the early pari
Of the "bNm," when the people in
Other sections were crazy tn let go OF
heir realty at ridiculous prices, Ana
helm WAS thrifty, prosperous and
therefore conten,ed community. There
WAS no one in the place who had any
thing for sale. So the first settlers
hold the property still. Now while
everything else has changed hands
score OF times, and at each transfer at
a great increase in price, Anaheim
property il not inflated by such
,rocess. 1t has only just begun to
move upward from bedrock prices.
Three Years ago it was held far above
the raS-e in other localities. Now
1T is the cheapest in
he county. The speculator
and investor have learned this
sact, and they are now going in in
force to grab piece before the boom.
ers got il too high. Rates are on an
up grade and those who bought
month ego arc in q position TO get
some benefit out OF their invest
nlents. Few of tiem are, however,
III a moo to take advantage of this
possibility. They think they see far
better things in store for them later
IA, and instead of sci ing now most OF
them are buying more. Where else
in the country can the best lands.
with plenty OF water, be had Tor 5000
an acre. These statements are ahso-
lutely true. The lands are the
hest, the climate is The
finest, the water the most
abundant, and the price is cheap as
this. "Where can you duplicate such
pul chaser" said the real estate man
This 5000 an acre land Is right in
town, near the two depots. tell you
,helo is nothixg like it in Los Angeles
C unity, and the buyers ar getting to
know this" Thus spoke tho enthusi-
astic Anaheimer, and from what be
knows of the matter the reporter is
inclined to think he is right. But in
asmuch az the reporter is seldom q
buyer, Anaheim has little interest in
his opinion. Ii is the crowd of in
vestors who flock in by each train
whose views are taken.
These lands can be planted to fruit
trees, and at the end Of three years
they will be paying q not income OF
5000 per acre. All eors of fruits
flourish in the magnificent soil Of
Anaheim unite aA well az they do In